ANALYST VIEWS: HOW HAS WETHERSPOON FARED AGAINST RISING COSTS?

Despite JD Wetherspoon’s investment for the future, we believe the company’s valuation is inconsistent with a sector under pressure from rising costs and macro-uncertainty... We reiterate our “sell” recommendation.

PAUL HICKMAN | PEEL HUNT

Posting a good second quarter result shows Wetherspoon robustly on course for our modest earnings growth expectation, with a 53-week year compensating for margin... We remain committed buyers decline.

PAUL LEYLAND | INVESTEC

Wetherspoon's second quarter outcome is slightly ahead of expectations. We see this as a resilient performance, albeit against relatively weak snow related comparatives... Wetherspoon remains our key pick in the pub sector.